Artificial intelligence data centres are set to devour a massive share of the world’s electricity growth over the next decade, according to BP’s latest World Energy Outlook. The oil giant estimates that data facilities powering AI applications will account for 10% of global electricity demand growth by 2035. In the United States, the world’s most advanced AI hub, that figure ...
A 31-year-old cryptocurrency entrepreneur has stunned the tech world by raising more than £750m ($1.1bn) to build Britain’s biggest artificial intelligence data centre — despite his company never having completed one before. Josh Payne’s start-up Nscale, founded just 18 months ago, has secured heavyweight backing from Nvidia, Nokia and Norwegian investment giant Aker. The deal catapults the business into the ...
Industry insiders are touting progress made by the Trump administration and local law enforcement to crack down on illicit Chinese vapes, which they say will both protect the youth and bring clarity to the domestic vape retail industry. The World Vape show announced earlier this month was forced to postpone a Miami, Florida event ‘due to customers experiencing difficulty importing products into ...
Rep. Jasmine Crockett, D-Texas, was among a select group of Democrats who then-Vice President Kamala Harris sought to bolster via a top secret ‘Stars Project,’ the 2024 White House hopeful’s new memoir reveals. Harris dove deep into her brief presidential campaign in a new book released on Tuesday called ‘107 Days,’ with the title referencing the time between the beginning ...
Rachel Reeves is facing a mounting revolt from Britain’s business leaders, with chiefs across sectors warning that her tax hikes and labour reforms are throttling investment, driving out wealth, and tipping the economy toward recession. BT chief executive Allison Kirkby (pictured) warned this week that Britain is already at “peak government-inflicted costs.” Speaking at the Connected Britain conference, she revealed ...
The pound fell sharply on Wednesday after Andrew Bailey suggested the Bank of England could cut interest rates if inflation eases further, in remarks that underscored the fragility of the UK economy. Sterling slipped 0.7 per cent against the dollar to $1.34 after the governor said there was “a further journey down” possible for borrowing costs, though any cuts would ...
Only ‘friends and weapons,’ not international laws, can protect against war and authoritarian ambitions, Ukrainian President Volodymyr Zelenskyy warned on Wednesday during an address to the United Nations General Assembly. The Ukrainian leader, who has been pleading with the international community to do more to counter Russian President Vladimir Putin amid his more than three-and-a-half-year-long war, once again cautioned that ...
Dr. Ben Carson, a former neurosurgeon who served as secretary of the Department of Housing and Urban Development during President Donald Trump’s first term, was sworn in on Wednesday to serve as national advisor for nutrition, health and housing at the U.S. Department of Agriculture. ‘As National Advisor for Nutrition, Health, and Housing, Dr. Carson will advise both President Trump ...
The government is weighing extraordinary measures to shield Britain’s manufacturing base from the fallout of Jaguar Land Rover’s crippling cyberattack, including buying up parts from suppliers to prevent mass job losses. Business Secretary Peter Kyle is understood to be considering a scheme where ministers would purchase parts from JLR’s 700-strong supplier network and sell them back once production resumes. The ...
The Democrats have a huge political opening. With President Trump under fire from all directions — including some in his own party — it’s a rare chance for the opposition to put some points on the board. And who are the most prominent Dems right now? One is Alexandria Ocasio-Cortez. The other is Zohran Mamdani. AOC is uber-liberal, and the New ...